What to Do With a Sarbanes Oxley Representative

Having worked closely with the financial data of a publicly traded company, I have experienced firsthand the demands made on companies through the Sarbanes Oxley Act (SOX). Each quarter, it would have many private interviews with our representative of the Sarbanes Oxley Act. I ask me questions about all the procedures that I used to monitor and collect payments against invoices. These issues vary from large, high-level questions on the payment history of the client, a real steps to write an e-mail client that asking for payment. But most of my statement regarding our quarterly SOX investigations involved explaining numbers contained within our financial spreadsheets, and what was being done to keep these spreadsheets secure. Lately, SOX has been more involved in ensuring proper internal control sensitive financial data contained in a spreadsheet. They want to know exactly who has access to sensitive data and how this data is shared between employees adequate. Demonstrating a good procedure that meets the requirements SOX can be a challenge for employers. For this reason, many companies turn software applications to control the location of all electronic sensitive corporate information. One of the leading manufacturers of software compliance is Nextpage. They have created a document retention program that provides users a simple way to locate sensitive documents stored on the desktop, jump drives, e-mail attachments, and central servers. Through NextPage system, the user will have access to many tools they need to maintain control over any document. The document retention software is easy to use and starts to work once the program is installed on the user& 39;s computer. After installation, you will begin to track documents, which lets you know where each version is located, when discussing each version, and the versions that were saved or purged. At any time during the life cycle of the document, you can load any version of a centralized server, and therefore, the file according to the SOX requirements. After a document in the life cycle is complete, a manager can send a request to purge all documents not stored on the central server. This kind of software would have been very useful to answer the many questions about our handling of the SOX spreadsheet billing. Instead of showing easily in a user-friendly interface of the life cycle of each spreadsheet, I had to describe in great detail each of the steps used to complete the project spreadsheet. After my many interactions with representatives SOX, I admit that pursue any area of a company& 39;s financial procedures that they feel may not be compatible. Why not make things easy and demonstrate through a high-tech company meets SOX, document control requirements? Ryan Knapp Internet is a consultant Marketing 10x. For more information on the implementation of software solutions, contact www.nextpage.com. earlie jokester



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